New York Mtge Trust (NASDAQ:NYMT) shares traded 0.17% up during most recent session to reach at the closing price of $6. The stock exchanged hands 1.49 Million shares versus average trading capacity of 2.41 Million shares, yielding a market cap of $1.11 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $5.85 within the next 52-weeks. The mean target projections are based on 5 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have New York Mtge Trust (NASDAQ:NYMT) high price target of $6.75 and with a conservative view have low price target of $5.
Barclays “Downgrades” New York Mtge Trust (NASDAQ:NYMT) in a research note issued to investors on 2/28/19 to Underweight with price target of $0.
Additionally on 10/12/18 Raymond James “Initiates Coverage On” New York Mtge Trust (NASDAQ:NYMT) to Market Perform setting price target at $0 and on 8/06/18 Maxim Group “Maintained” the stock to Buy at $6.8. Furthermore on 10/10/17 Barclays “Maintained” the stock to Equal-Weight at $6.
On the other hand the company has Relative Strength Index (RSI 14) of 37.96 along with Average True Range (ATR 14) of 0.06, Consequently New York Mtge Trust (NASDAQ:NYMT)’s weekly and monthly volatility is 0.91%, 1.00% respectively. The company’s beta value is at 0.93.
In terms of Buy, Sell or Hold recommendations, New York Mtge Trust (NASDAQ:NYMT) has analysts’ mean recommendation of 3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts New York Mtge Trust (NASDAQ:NYMT)’s minimum EPS for the current quarter is at $0.09 and can go high up to $0.2. The consensus mean EPS for the current quarter is at $0.16 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.2 earnings per share for the same quarter during last year.
Previously New York Mtge Trust (NASDAQ:NYMT) reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $-0.13. The company posted an earnings surprise of -86.7%.
New York Mtge Trust (NASDAQ:NYMT)’s revenue estimates for the current quarter are $26.5 Million according to 6 number of analysts, for the current quarter the company has high revenue estimates of $37.9 Million in contradiction of low revenue estimates of $21.15 Million. For the current year the company’s revenue estimates are $112.26 Million compared to low analyst estimates of $85.73 Million and high estimates of $161 Million according to 6 number of analysts.
Currently New York Mtge Trust (NASDAQ:NYMT)’s shares owned by insiders are 0.6%, whereas shares owned by institutional owners are 46.8%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 10.35%.
New York Mtge Trust (NASDAQ:NYMT)’s trailing twelve month revenues are $523.5 Million, whereas its price to sales ratio for the same period is 2.11. Its book value per share for the most recent quarter is $5.97 while its price to book ratio for the same period is 1.01, as for as the company’s cash per share for the most recent quarter is $0.56, however its price to cash per share ratio for the same period is 10.67. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 9.48.